TCF Bank 2006 Annual Report Download - page 35

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2006 Form10-K
The following graph compares the cumulative total stockholder return on TCF Stock over the last five fiscal years with the
cumulative total return of the Standard and Poor’s 500 Stock Index, the SNL All Bank and Thrift Index, and a TCF Financial-
selected group of peer institutions over the same period (assuming the investment of $100 in each index on December 31, 2000
and reinvestment of all dividends).
TCF Stock Performance Chart
Period Ending
Index 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06
TCF Financial Corporation 100.00 93.29 112.86 145.13 126.44 132.34
S&P 500*100.00 77.90 100.25 111.15 116.61 135.03
SNL All Bank & Thrift Index(1) 100.00 93.96 127.39 142.66 144.89 169.30
2006 TCF Peer Group(2) 100.00 103.58 143.52 172.55 173.01 191.36
(1) Includes every bank and thrift institution in the U.S. traded on a major public exchange, a total of 624 companies as of December 31, 2006.
(2) Consists of 30 publicly traded banks and thrifts, 15 of which are immediately larger than and 15 of which are immediately smaller than TCF Financial in total assets
as of September 30, 2006, as follows: IndyMac Bancorp Inc.; Colonial BancGroup; Astoria Financial Corporation; Associated Banc-Corp; Webster Financial Corporation;
Mercantile Bankshares Corporation; BOK Financial Corporation; Downey Financial Corp.; W Holding Company Inc.; Sky Financial Group, Inc.; First Citizens BancShares, Inc.;
Commerce Bancshares, Inc.; Flagstar Bancorp, Inc.; Fulton Financial Corporation; City National Corporation; South Financial Group, Inc.; BankUnited Financial Corporation;
Fremount General Corporation; Valley National Bankcorp; BancorpSouth, Inc.; Cullen/Frost Bankers, Inc.; Investors Financial Services Corp.; MAF Bancorp, Inc.; East West
Bancorp. Inc.; First Republic Bank; Wilmington Trust Corporation; International Bancshares Corporation; People’s Bank (MHC); Bank of Hawaii Corporation; FirstMerit
Corporation. Five of the companies, which were in the 2005 TCF Peer Group are not in the 2006 TCF Peer Group due to merger and acquisition activity or changes in asset
size. Those five companies are: Independence Community Bank Corp.; Westcorp; FirstFed Financial Corp.; Whitney Holding Corporation; Hudson United Bancorp.
* Source: SNL Financial LC and Standard & Poor’s © 2006
The following table summarizes share repurchase activity for the quarter ended December 31, 2006.
Shares Remaining
Repurchased Share Repurchase
Average Price Authorization(1)
Number Per Share May 21,2005
Balance, September 30, 2006 3,328,307
October 1-31, 2006 – $ – 3,328,307
November 1-30, 2006 – – 3,328,307
December 1-31, 2006 500,000 27.26 2,828,307
Balance, December 31, 2006 500,000 $27.26 2,828,307
(1) The current share repurchase authorization was approved by the Board of Directors on May 21, 2005. The authorization was for a repurchase of up to an additional 5%
of TCF's common stock outstanding at the time of the authorization, or 6.7 million shares. This authorization does not have an expiration date.
15
Index Value
TCF Financial Corporation
S&P 500*
SNL All Bank & Thrift Index (1)
2006 TCF Peer Group (2)
$50
$100
$150
$200
$250
$300
12/31/0612/31/0512/31/0412/31/0312/31/0212/31/01